May 10, 2023/InvestmentOne Update

ASI as at 12.00pm: +0.13%

Top Gainers and Losers:  TRANSCORP (+9.69%), CWG (+9.43%), BUAFOODS (-10.00%) and ROYALEX (-9.84%).

Sector Performances: Consumer Goods (+1.31%), Oil and Gas (+0.09%), Banking (-1.61%) and Industrial (-0.02%).

Market activity: In today’s trade, total volume and value decreased by 15% and 12% respectively, compared to this time yesterday, as investors have traded about 191 million units of shares worth N2.06 billion.

ACCESSCORP (+3.96%) is the most traded stock by volume and value with about 101 million units of shares and N1.06 billion worth of shares accounting for 53% and 51% of the total volume and value, respectively.

Likely close: In the absence of any significant fall in the prices of AIRTELAFRI, DANGCEM and MTNN, the market should close positive.